Hannah Jones of Realtor.com reports this week that home sales “gained significant ground” last month, jumping 14.5% month-over-month. This was primarily caused by the beginning of the spring buying season…

Rates and inflation Today, the Federal Reserve announced a 0.25% increase to its federal funds rate following weeks of banking sector turmoil. This comes amid inflation reports from last week…

Silicon Valley Bank (SVB) went into receivership late last week as concerns over the bank’s ability to service depositor withdrawal requests grew. The Federal Deposit Insurance Corporation (FDIC) stepped in…

Last week saw the release of the CoreLogic S&P Case-Shiller Index, which was down from its December peak but still up 5.8% year over year. Chief economist Selma Hepp notes…

Investors are being more cautious than usual these days, with recession fears and interest rates seemingly unstable. CBRE released its 2023 U.S. Investor Intentions Survey, which reports subdued sentiment among…

All-cash purchases are on the rise, according to recent data from the National Association of Home Builders (NAHB). David Logan reports that cash purchases made up 11.2% of all new…

The blockbuster jobs report surprised all in the media, adding half a million jobs and coming in significantly higher than the monthly average of 350,000 over the past few months.…

New rent data from Apartment List shows that the rapid deceleration of rental prices is ongoing. The national rent index dropped by 0.3% month over month in January, the fifth…